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Christie’s Hong Kong Jewellery DepartmentRetains Market Leadership in Asiain Offering the Finest Quality Jewellery and Gemstones at Auction

THE CATEGORY REALISED A COMBINED ONLINE ANDLIVE AUCTION TOTAL OF HK$1.15 Billion/ US$148 MillionFOR 2021 IN ASIA
Jewellery, Watches & Handbags
Hong Kong APAC 28 November 2021
Christie’s Hong Kong Jewellery DepartmentRetains Market Leadership in Asiain Offering the Finest Quality Jewellery and Gemstones at Auction

Magnificent Jewels Autumn Auction on 28 November

ACHIEVED HK$498,283,750/ US$64,205,855

 

87% Sold by Lot | 87% Sold by Value

Hong Kong – On 28 November, Christie’s Magnificent Jewels live auction totalled HK$498,283,750/ US$64,205,855 with solid sell-through rates of 87% by lot and by value, and drew heated participation from buyers in 14 countries. The autumn sale has pushed the annual auction total for the category in Asia to HK$1.15 billion/ U$$148 million, affirming Christie’s continued market leadership in the region in offering the finest jewellery and gemstones at auction.

A noteworthy lot of the sale was lot 1974 - a set of Jadeite, Ruby and Diamond Necklace and Bracelet by Cartier, which sparked a 10-minute competition between two determined bidders on the phone, and eventually sold for HK$8,050,000/ US$1,037,275, 8 times the pre-sale low estimate of HK$1,000,000/ US$128,866.

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About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business with a physical presence in 46 countries throughout the Americas, Europe, Middle East, and Asia Pacific, and flagship   international sales hubs  in New York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-only auctions, as well as bespoke Private Sales, Christie’s unparalleled network of specialists offers our clients a full portfolio of  global services, including art appraisal, art financing, international real estate and education. Christie’s  auctions span more than  80 art and luxury categories, at price points ranging from $500 to over $100 million. Christie’s has sold 7 of the 10 most important single-owner collections in history, achieved the world record price for an artwork at auction, launched the first  fully on-chain auction platform dedicated to exceptional NFT art and manages an investment fund to support innovative startups in the art market. Christie’s is also committed to advancing  responsible culture  throughout its business and communities worldwide. To learn more, browse, bid, discover, and join us for the best of art and luxury at christies.com or by downloading Christie’s apps.


* Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue. *Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium.

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